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Current as of January 01, 2024 | Updated by Findlaw Staff
a. For a loan of property to a museum made on or after the effective date of this act, the museum shall, at the time of the loan:
(1) make and retain a written record containing:
the name, address, and telephone number of the lender,
a description of the property in sufficient detail for ready identification,
the beginning date of the loan, and
the expiration date of the loan;
(2) provide the lender with a signed receipt or agreement containing, at least, the information set forth in paragraph (1) of this subsection; and
(3) inform the lender in writing of the existence of this act and provide the lender with a copy of this act upon the lender's request.
b. With respect to any property on loan to a museum, a museum shall:
(1) update its record if a lender informs the museum of a change of address or change in the title to or interest in the property, or if the lender and museum negotiate a change in the duration of the loan; and
(2) inform the lender in writing of the existence of this act when renewing or updating the record and provide the lender with a copy of this act upon the lender's request.
Cite this article: FindLaw.com - New Jersey Statutes Title 46. Property 46 § 30D-9 - last updated January 01, 2024 | https://codes.findlaw.com/nj/title-46-property/nj-st-sect-46-30d-9/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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